McDonald's Shuts 15 Stores in Taiwan <b></b>

Oak Brook, Illinois--McDonald's Corp. has closed 15 restaurants in Taiwan. The Chinese language Chinese Times reported that McDonald's unexpectedly closed 15 of its restaurants island-wide, cutting 390 jobs. It was the largest scale-back of operations by the company since it first opened in Taiwan in 1984, according to the Times report.

In early November, McDonald's announced that it would close approximately 175 underperforming restaurants in 10 countries, and eliminate 400 to 600 positions to control costs and reallocate resources. -Dow Jones Business News

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Side Hustle

This Husband and Wife's 'Happy Accident' Side Hustle Hit $467,000 Revenue Fast — Now It Makes Over $1 Million a Year: 'We're Scrappy'

Charlene and Vince Li couldn't find the snack they wanted to see on the shelves, so they created it themselves.

By Amanda Breen
Growing a Business

'Boring' Businesses Are Making Millionaires — and You Can Borrow Their Strategies For Success

The silent growth strategy reveals how understated, steady businesses are quietly creating wealth for entrepreneurs in 2025. By focusing on long-term consistency and incremental progress, these "boring" industries are proving to be gold mines for those willing to embrace stability over hype.

By Murali Nethi
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel
Business News

YouTuber MrBeast Makes More Money From His Side Hustle Than From His YouTube Videos

The 26-year-old creator has racked up hundreds of millions of views and subscribers on YouTube, but it isn't his main moneymaker.

By Sherin Shibu
Business News

JPMorgan CEO Jamie Dimon Says Only One Group Is Complaining About Returning to the Office

In a new interview, Dimon said remote work "doesn't work" and noted some JPMorgan employees were checking their phones while he was speaking in a meeting.

By Sherin Shibu
Franchise

Entrepreneur Ranked Baya Bar the #1 Açai Bowl Franchise

Baya Bar is rapidly gaining market share in one of the fastest growing Food and Beverage markets.

By Matthew Goldstein